[skybrian]

A carbon tax would be great, but I don’t know why you think governments couldn’t significantly discourage holding cryptocurrency?

A wealth tax on proof-of-work currencies would discourage legitimate businesses (that don’t cheat on taxes) from holding them.

[arcticbull]

Well that's fine, no legitimate businesses hold them. Seriously. Your suppliers are paid in dollars, your tax burden is in dollars based on the conversion price on receipt. To hold them on receipt is wildly irresponsible speculation, as a business.

[DennisP]

I don't know whether you consider Tesla a legitimate business but they're holding bitcoins.

https://www.thestreet.com/crypto/bitcoin/tesla-up-1-billion-...

[HWR_14]

Tesla (and Time) hold them as a speculative asset. Keeping a percentage of a corporate treasury in bitcoin is speculation, but possible a reasonable one. Allowing the mixture of funds that people opt to pay you in to determine your corporate allocation of assets seems a bit careless.

[12elephant]

Also Time Magazine: https://www.thestreet.com/crypto/bitcoin/time-magazine-to-ho...

[arcticbull]

Legacy media is a tough business. GBTC is paying Time in crypto produce shill content.

[arcticbull]

I consider Elon to be a troll, who's messing with people. He's named his CFO "Master of Coin".